LMAX
Hamilton Healthcare Yield Maximizer ETF

Full LMAX fund page
VS
ZXLV
BMO SPDR Health Care Select Sector Index ETF

Full ZXLV fund page

Hamilton Healthcare Yield Maximizer ETF (LMAX) and BMO SPDR Health Care Select Sector Index ETF (ZXLV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that LMAX focuses its top 3 sector exposures on Health Care, while ZXLV leans towards Health Care. When evaluating costs, LMAX features a management fee (MER) of 0.65%, compared to 0.21% for ZXLV. Performance-wise, LMAX has returned 0.9% year-to-date with +$55 M in net flows, whereas ZXLV is at 1.57% with +$7 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

0246810%May 11May 19May 26Jun 2Jun 9

Key Data

Historical performance and flows

As of June 11, 2026
1M3MYTD1Y3Y
Perf.
LMAX
+7.15%+0.43%-0.90%+10.89%-
ZXLV
+9.94%+3.95%+1.57%+17.59%-
Flows
LMAX
+$10 M+$36 M+$55 M+$93 M-
ZXLV
+$4 M+$4 M+$7 M+$19 M-

LMAX vs ZXLV exposure

Countries

LMAX
USA
96.00%
ZXLV
USA
97.39%

Sectors

LMAX
Health Care
101.00%
ZXLV
Health Care
98.41%
As of June 11, 2026

Top 10 Holdings

LMAX
ABBVIE
5.40%
BRISTOL-MYERS SQUIBB
5.30%
PFIZER
5.30%
JOHNSON&JOHNSON
5.20%
THERMO FISHER SCIENTIFIC
5.20%
MERCK & CO INC
5.20%
CVS HEALTH CORP
5.10%
GILEAD SCIENCES
5.10%
CIGNA
5.10%
LILLY
5.10%
ZXLV
LILLY
14.09%
JOHNSON&JOHNSON
10.54%
ABBVIE
7.10%
UNITEDHEALTH GRP
6.38%
MERCK & CO INC
5.15%
AMGEN-T
3.55%
THERMO FISHER SCIENTIFIC
3.42%
INTUITIVE SURGICAL
3.09%
GILEAD SCIENCES
3.09%
ABBOTT LABS
3.00%

Diversification

LMAX
Total weight of top 10 holdings out of 20 total
52.00%
ZXLV
Total weight of top 10 holdings out of 58 total
59.41%

Characteristics

Compare
LMAX
ZXLV
ProviderHamilton ETFsBMO
ManagementActively managedPassively managed
Benchmark-S&P Health Care Select Sector Total Return Index - USD
Replication Method
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield12.90%0.49%
Meets ESG criteriaNoNo
Inception DateFebruary 6, 2024February 2, 2025

Frequently asked questions about LMAX and ZXLV

Which ETF has performed better year to date: LMAX or ZXLV?
As of June 11, 2026, LMAX has returned -0.90% year to date, while ZXLV has returned 1.57%. ZXLV is ahead on YTD performance.
Which ETF is larger by assets under management: LMAX or ZXLV?
As of June 11, 2026, LMAX manages $205.57 M in assets, while ZXLV manages $21.27 M. LMAX is the larger fund by AUM.
How are LMAX and ZXLV managed?
LMAX is actively managed by Hamilton ETFs. It does not track an index. ZXLV is passively managed by BMO. It tracks the S&P Health Care Select Sector Total Return Index - USD benchmark.
What sectors do LMAX and ZXLV emphasize?
LMAX is most exposed to Health Care. ZXLV is most exposed to Health Care.
Which ETF is attracting more investor flows: LMAX or ZXLV?
Year to date, LMAX has seen +$54.99 M in net flows, compared with +$6.68 M for ZXLV. LMAX has attracted more net investor money so far.
How do the fees of LMAX and ZXLV compare?
LMAX has an expense ratio of 0.80%, while ZXLV has an expense ratio of 0.21%.
What are the top holdings of LMAX and ZXLV?
LMAX's largest holdings include ABBVIE, BRISTOL-MYERS SQUIBB, and PFIZER. ZXLV's top holdings include LILLY, JOHNSON&JOHNSON, and ABBVIE.
Which ETF is more diversified: LMAX or ZXLV?
LMAX holds 20 securities, while ZXLV holds 55. On holdings count, ZXLV is the more diversified portfolio.

Recent articles about LMAX and ZXLV

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